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Updated almost 10 years ago on . Most recent reply

Ben Lee's profile image
Ben Lee's profile image
Ben Lee
  • from Los Angeles, California
  • Member since Mar 12, 2013
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Ben Lee's profile image
Ben Lee's profile image
Ben Lee
  • from Los Angeles, California
  • Member since Mar 12, 2013
Connect
Ben Lee
  • Los Angeles, CA
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7
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Rehabbing & House Flipping

How does Hard Money work?

Ben Lee
  • Los Angeles, CA
Posted

For example: There is a XYZ for sale in Miami, FL. It contains two properties for the price of one ($300k). I want to buy it with Hard Money, and then repay the Hard Money by opening a credit line on the two properties after. Would this be possible? If not, what would be a more plausible way to go about buying this property. Any help/advice/comments would be greatly appreciated.

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